Tennessee
High-End Phoenix Apartments Sell for $152M
Morgan Group sold the Pearl Biltmore luxury apartment community in Phoenix for $152 million. The property at 24th and Highland… Read more
GrayCo Obtains $34M Refi for Nashville-Area Rental Community
GrayCo obtained a $34 million refinancing for the Bristol Park at Riverchase, a 300-unit apartment complex in Madison, TN, not… Read more
Amazon Housing Equity Fund Opens New Round of Funding
Amazon has re-opened the application portal for the company’s Housing Equity Fund. The company is encouraging prospective real estate development… Read more
KKR Snaps Up National Industrial Portfolio for $377M
KKR said Monday afternoon it had acquired a portfolio of six well-located, Class A industrial logistics properties in major U.S.… Read more
Nashville Favored by Commercial RE Investors
A recent survey of commercial real estate investors ranked Nashville as a top 10 target among U.S. metros. Nashville ranks… Read more
Zillow: One Third of U.S. Apartment Listings Offer Concessions
Amid cooling growth in apartment rents, more property managers are offering concessions to new tenants, Zillow reported. Nationwide, 33.2% of… Read more
The Value of a CRE Network of Global Experts to Your Business
Network within a network delivers transformative impacts to independent brokerage firms In the fiercely competitive world of commercial real estate… Read more
Giarratana Eyeing 17-Story Nashville Mixed-Use Tower
Giarratana is considering building a 17-story mixed-use tower on Nashville’s “Rock Block.” The tower, which would rise at 2200-2204 Elliston… Read more
Creation Jettisons Chandler Warehouses for $57M
Midway Commerce Center located in Chandler traded hands this week as Creation sold the three-building, 301,994-square-foot master-planned industrial center to Boston-headquartered Longpoint… Read more
Dominion Group Lands $28M Refi for Chattanooga Apartments
BWE secured a $28 million loan to refinance Riverview North, a 240-unit, garden-style multifamily development in Chattanooga. BWE’s Jim Collins… Read more
IP Capital Plans CRE Buying Wave in Florida, SE
IP Capital Partners is gearing up for its next wave of acquisitions, with a focus on distressed and value-add commercial properties,… Read more
Historic Nashville Building Converting to Boutique Hotel
Nashville-based hotel developer Imagine Hospitality is redeveloping the historic Morris Memorial building into a boutique hotel with a basement speakeasy.… Read more
Lion Expands Nashville Apartment Portfolio
Lion Real Estate Group acquired Bradford Woods, a 312-unit multifamily property in Nashville. The latest purchase increases the company’s stake… Read more
Metro Okays St. Regis Nashville Concept Plan
Turnberry is a step closer to breaking ground on The St. Regis Nashville and The Residences at The St. Regis… Read more
Peak Construction Continues Expansion, Moves Into FL
Peak Construction Corporation has received its General Contractor’s license in the state of Florida, marking another move in the company’s… Read more
Host Hotels Pays $265M for 1 Hotel Central Park
An affiliate of Host Hotels & Resorts Inc. has acquired 1 Hotel Central Park in Midtown Manhattan for $265 million,… Read more
Commercial Real Estate is . . . People
When seeking out the best commercial real estate opportunities, investors examine many factors. These include pro formas, supply, market and… Read more
U.S. Multifamily Permits Down Nearly 30% from Pandemic Levels
Builders obtained permits to construct 13 multifamily housing units for every 10,000 people in the U.S. year to date, down… Read more